secwatch.observer — SEC 8-K summary
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Issuer:     MBG Holdings, Inc. (—)
CIK:        0001488638
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001214659-23-004405
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

MBG Holdings auditor resigns; CFO and director resign; new directors and COO appointed
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- Maughan Sullivan LLC resigned as independent auditor effective March 23, 2023; no disagreements but material weaknesses in internal control as of Dec 31, 2021.
- CFO/Treasurer/Director Jeremie Peterkin and Director Angela Paxton resigned March 24, 2023; no disagreements cited.
- Board appointed Paul Twitchell and Jason Lohe as directors on March 29, 2023; each receives $15,000/quarter and up to 75,000 shares under 2022 Equity Incentive Plan.
- Samantha Sondrup appointed COO on March 29, 2023; previously SVP/Chief of Staff at MBG and COO of AMR Resources.
- No new CFO appointed following Peterkin's resignation; CFO role remains vacant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488638/000121465923004405/0001214659-23-004405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488638/000121465923004405/r3292318k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-004405

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